CSG Systems shares surge on deal talk -- analysts

MikeTarsala

SAN FRANCISCO (CBS.MW) -- CSG Systems
CSGS, -0.78%
shares rose as much as 13.5 percent in Monday trading. Analysts at Susquehanna Financial Group in New York said the market could be, "giving credence to our hypothesis that CSG represents an interesting acquisition candidate for one of the leaders in the telecom software sector." Analysts at Kaufman Bros. said the stock's climb could be related to expectations that CSG could be a target of rival Amdocs. Both companies have analyst meetings scheduled in New York this week. CSG shares rose 95 cents, or 5 percent, to $18.45 in recent trading.

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